CostByCity

Monroe, LA vs Phoenix, AZ

Cost of Living Comparison

Monroe, LA is more affordable by 19.7 index points

Side-by-Side Comparison

CategoryMonroe, LAPhoenix, AZDifference
Overall83.6103.3-19.7
Housing42.8121.2-78.4
Goods93.795.0-1.3
Utilities72.293.3-21.1
Other Services95.7104.0-8.3

Income & Housing Comparison

MetricMonroe, LAPhoenix, AZ
Median Household Income$47,351$79,935
Median Home Value$158,100$360,600
Median Monthly Rent$859$1,432
Per Capita Income$28,677$40,787

Frequently Asked Questions

Is Monroe, LA or Phoenix, AZ cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 19.7 index points (Monroe, LA: 83.6, Phoenix, AZ: 103.3).
Where is housing cheaper, Monroe, LA or Phoenix, AZ?
Housing is more affordable in Monroe, LA. Housing index: Monroe, LA (42.8) vs Phoenix, AZ (121.2).